Property News & Insights

Explore OKAY.com’s latest property news and trends across the Hong Kong, China and Global property markets. With expert commentary and opinion, we keep you up to date on property happenings both near and far.

Real Estate Redefined

7 August 2017 - In an exclusive feature with HKTDC, Joshua Han Miller discusses the future of the real estate industry and the company model that has disrupted the existing industry.He explains, "We’d always known the agency industry was a challenging one – fraught with fragmented information, poor standards, and frustrated clients,” he continued
By: Joshua Han Miller

Has Chinese Investment Affected Hong Kong Property Prices Since 1997?

28 July 2017 - According to the HKMA, twenty years after the British handed Hong Kong over to China, property prices have continued to soar in unprecedented ways, surpassing its previous peaks in 2015 and 1997. In April, Hong Kong residential property prices rose continuously for 13 months in a row, recording a 2.1 percent increase in the monthly
By: OKAY.com

Country Parks or Artificial Land?

19 July 2017 - Ten years ago, a development strategy for Hong Kong was produced by the Development Bureau and Planning department up to 2030. An update to the planning strategy looking beyond 2040 was coined HK2030+. The vision was for Hong Kong to become “…a livable, competitive and sustainable city, championing sustainable development as the ov
By: OKAY.com

Introduction to Kai Tak – The Next Rising Star in Kowloon

10 July 2017 - Kai Tak transitioned from a grass strip airfield serving the British RAF, to a world-renowned airport that served the city of Hong Kong from 1925 to 1998. Kowloon, where Kai Tak is located, had strict building restrictions in order to ensure flight safety. Buildings were low rise and schools were fitted with double glazed windows t
By: OKAY.com

How the Increase in US Interest Rates Will Impact the Hong Kong Property Market

6 July 2017 - The United States interest rates set by the Federal Reserve frequently impact markets across the globe. Since the 2008 financial crisis, the Federal Reserve has very reservedly increased interest rates. Similarly, Hong Kong S.A.R has had low interest rates since the 2008 global financial crisis. The cheap cost of borrowing along wi
By: OKAY.com

Property Crash Seems Unlikely - SCMP Talks to Joshua Han Miller

30 June 2017 - In a discussion with SCMP, Joshua Han Miller, CEO of OKAY.com, talks about Hong Kong’s overheated market and draws a comparison between current state versus that of 1997.Miller explains that Hong Kong today in under very different conditions, to the exogenous factors, sparked by the Thai currency collapse."Hong Kong has not had any
By: Joshua Han Miller

Hong Kong Property Market Outlook for the Second Half of 2017

29 June 2017 - The Centa-City Leading (CCL) property index once again hit a new high for the 17th straight week in a row reaching 159.88 pts. It is expected that another record will be set next week with a CCL of over 160 pts. CCL (small/medium) already exceeded 160 for the week of June 16th, and CCL Mass currently stands at 162.16 pts. CCL (lar
By: OKAY.com

Is Hong Kong Real Estate Facing Another 1997 Crash?

With the historic 1997 handover upon us, I have been asked by members of the media and our clients if we’re facing a real estate bubble similar to the burst 20 years ago.  Let’s examine the facts. There are certainly some similarities to the environment seen in 1997:The Hong Kong property market has seen steep price appreciation in the last sever
By: Joshua Han Miller

Is buying a home in Discovery Bay a Good Investment Choice?

23 June 2017 - Embraced by mountains and water, Discovery Bay is a tranquil resort-style community on the northern coast of Lantau Island away from the hectic urban center. The family-friendly neighborhood enjoyed a uniquely low density, which is in every sense a real privilege in Hong Kong.  A morning run along the seashore would be an exemplary
By: OKAY.com

Has the Government’s Stamp Duty Policy Been Effective in Controlling the Property Prices in Hong Kong?

19 June 2017 - Hong Kong consistently ranks first in the world for the dubious honor of “least affordable urban centre”. Anyone at median wage can expect to pay 18.1 times their gross annual income for a city apartment according to Demographia International Housing Affordability Survey’s study. And this is an improvement compared to the 2015 stud
By: OKAY.com
OKAY.COM App
OKAY.COM - iOS App StoreOKAY.COM - Android Play Store
Let's Connect
15/F, Wilson House, 19-27 Wyndham St., Central, Hong Kong
+852 2102 0888